If your credit score is less than stellar, you might not get approved for a loan on your car. In such situations, you can go for the car dealerships that offer the Buy Here Pay Here (BHPH) financing. This is perfect for borrowers who have a poor credit score and want to buy a used car. However, BHPH financing comes with a price, which means that the interest rates will be a bit high.
The thing with Buy Here Pay Here in Fairfax, VA, is that these car dealerships sell as well as finance vehicles straight off their lots. They might even advertise their services with “no credit, no problem” and “we finance.” In case you plan to visit a used car dealership in Fairfax, VA, to get BHPH financing, you will be asked to verify your proof of residence and income. This means that you should have a steady income in order to be eligible for BHPH financing. That said, the dealer will not necessarily check or verify your credit score. After the dealership as [...]